Taking Back America

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More Studies: Health Costs Rising Under Obamacare

From Townhall
Guy Benson | Jun 02, 2014

Over the course of the Obamacare debate, Americans were routinely promised that healthcare spending and costs would decrease under the law. Everyone’s rates would drop, Nancy Pelosi said — $2,500 per family, according to President Obama. Those duplicitous vows are long gone, and here’s the latest evidence via USA Today:

More employees are getting hit with higher health insurance premiums and co-payments, and many don’t have the money to cover unexpected medical expenses, a new report finds. More than half of companies (56%) increased employees’ share of health care premiums or co-payments for doctors’ visits in 2013, and 59% of employers say they intend to do the same in 2014, according to the annual Aflac WorkForces Report. It’s based on a survey of 1,856 employers and 5,209 employees at small, medium and large-size companies…The need to control costs is driving many companies’ decisions on benefits, Owenby says. The report shows that almost half of employers (49%) agree that controlling costs is the primary objective, and took steps to contain costs, including:

  • 39% hired independent contractors or consultants.
  • 32% eliminated or delayed raises.
  • 22% eliminated or cut back on benefits.
  • 21% changed some full-time workers to part-time workers.

Once again, it’s plain to see that Obamacare is harming the economy, despite the president’s protestations to the contrary. A study out of the University of Minnesota — which was partially funded by HHS, and highlighted by the Libre Initiative — projects additional spikes ahead:
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